Midas Mortgages – Who are we and what do we stand for?

At Midas Mortgages we have a saying – Gain all you can, Save all you can, Give all you can.*

To this end, Midas Mortgages has a binding Code of Practice to donate 10% of Net Profit to a range of churches, charities and not-for-profit organizations, including Lifeline, Teen Challenge and Opportunity International.

Owner of Midas Mortgages, Charlton Kerr is a licensed Finance Broker and has been a mortgage broker in the finance industry since 1996, and has helped over 1000 people into a home and/or investment loan that best suited their needs.

Charlton has had a long association with the finance and real estate industries and purchased his first house at the age of 18, and first investment property six years later.

Centrally located in Northbridge business precinct, Midas Mortgages is close to all freeway access points with free parking in front of the office and adjacent streets.

We have access to market leading software technology to assist you find the right loan suited to your individual requirements.

Statistics: 86% of business for Midas Mortgages is from referrals and repeat customers.**

85% of loans are placed with our client’s existing lender.**

Based on the figures above, you can see 'We don't 'Churn To Earn' more commission. Although borrowers should be aware that refinancing an existing loan can be the main objective for brokers intent on earning more commission, however the process might be costing you more than it benefits you.

Midas Mortgages assesses your existing loan and will recommend refinancing if it makes good financial sense. If you are an existing client, you will know our help in choosing a good lender saves you both time and money when increasing your loan or borrowing for your next purchase.

The evidence: 15% of loans in the last financial year were refinanced. This could be because the existing lender could not approve the finance, declined the loan, was not competitive on rates and charges or had “fallen out of love” with the customer.**

Mortgage Milestones

2007 – Top 250 loan writers in Australia – Professional Lenders Association Network.

2003 – Highest ever loan settlements – The Mortgage Gallery.

1997 – Highest franchise ranking in WA – Mortgage Choice.

Fundraising and volunteer work

2004 – Athens Olympic Games – 12 months volunteer work.

1997 - Bike for Bibles – cycle ride from Perth to Adelaide raising funds for literacy.

* Quoted from the famous English Theologian John Wesley.

** Based on figures 07/08 financial year.